Apr
7

East London boroughs top decade of house price growth

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East London boroughs top decade of house price growth

East London boroughs have delivered the strongest long-term house price growth in the capital over the past decade, with Redbridge, Havering and Barking and Dagenham leading on annual gains.

Foxtons has analysed government data to find that average house prices across London have increased by around 1.4% a year over the last 10 years.

However, performance differs markedly between boroughs with Redbridge topping the table, with annual growth of 3.6%.

Havering and Barking and Dagenham follow close behind, each posting yearly increases of between 3.1% and 3.3% across the same period.

London house prices

The firm’s managing director of sales, James Stevenson, said: “London has always been a long-term investment story.

“While year-on-year house price performance may fluctuate, it’s this long-term consistency that makes London one of the most resilient and attractive global property markets, notably during periods of global uncertainty.”

He added: “Havering, Bexley and Barking and Dagenham’s performance, in particular, highlights how demand, affordability and lifestyle factors continue to shape the market beyond the traditional prime areas of the capital and, we expect London house prices to continue to post positive growth over the coming years.”

Average London house price

Foxton’s also found that Bexley recorded annual growth of 3.1%.

Sutton and Waltham Forest sit just behind, both seeing prices rise by an average of 2.7% a year.

Further down, Bromley and Greenwich registered annual gains of 2.4% and 2.2%. Lewisham and Enfield follow, each delivering average yearly growth of 2.1%.

Across the capital, the data shows consistent price increases over the decade, despite movements seen through 2025 and into early 2026.

The agency’s analysis also puts average annual house price growth at 1.3% when measured across all boroughs, pointing to steady movement in values over the longer term.

The post East London boroughs top decade of house price growth appeared first on Property118.

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